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Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month.
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data.
Open interest for MATIC trading pairs has risen from $109 million to $160 million in the past 24 hours.
The latest price moves in crypto markets in context for July 11, 2023.
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.
Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.
- 22:42Minority Leader of the U.S. Senate: Trump's tariff policy is "the most foolish trade war in history"On February 3rd local time, the minority leader of the United States Senate and Democrat Chuck Schumer stated that the Trump administration's tariff policy is "the most foolish trade war in history." On February 1st, US President Donald Trump signed an executive order imposing a 25% tariff on goods imported from Mexico and Canada. He also threatened to impose tariffs on European Union goods soon on the evening of February 2nd.
- 22:40The Federal Reserve has accepted a total of $97.781 billion from 39 counterparties in fixed-rate reverse repurchase operationsThe Federal Reserve has accepted a total of $97.781 billion from 39 counterparties in fixed-rate reverse repurchase operations.
- 22:37Market: Some AI tokens rebound after excessive fall, ARC has risen 39.4% in the past 24 hoursAccording to Coingecko market data, some AI tokens have rebounded after a sharp drop, including:AI Rig Complex (ARC) increased by 39.4%, at $0.267;Hive AI (BUZZ) increased by 35.1%, at $0.05269;Fartcoin (FARTCOIN) increased by 34.4%, currently at $0.8187;Act I The AI Prophecy (ACT) increased by 24.4%, at $0.236;Pippin (PIPPIN) increased by 23.4%, at $0.04218.